Solved

Persistent U

Question 7

Multiple Choice

Persistent U.S. deflation between 1879 and the mid-1890s was primarily due to the fact that the ___________ was growing faster than the _________.


A) supply of money; demand for money
B) demand for money; supply of money
C) demand for money; demand for goods
D) demand for goods; supply of money

Correct Answer:

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